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Saturday, 17 Tammuz, 5779
  |  July 20, 2019

    Rebbe Predicted Market Crash

    In light of the economic crises, Argentina's richest Jew Eduardo Elstein relates the financial advice he received from the Lubavitcher Rebbe. It was 1991, and Elstein was heavily invested in the New York Stock Exchange Full Story

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    fascinating!
    Guest
    fascinating!

    How many people would have done things differently if they had heard this from the Rebbe?

    This needs clarity
    Guest
    This needs clarity

    Did you rebbe criticize the stock market in general or that it’s business nature didn’t match Elstien specifically

    Is he coming for the Kinus?
    Guest
    Is he coming for the Kinus?
    as you wish
    Guest
    as you wish

    but we don’t hear this unitl things crash.

    when the dots appear to line up we make the rebbe a rebbe.
    now it’s a headline.
    in 92, 93, 94, 95, 96, … nadda.

    there’s a story of chassidim who were comparing their rebbe’s greatness’, each one-upped the other with “great miracles” then the lubav spoke – my rebbe advised me to do a certain bizniz deal. i lost all my money. i’m still his chosid. that’s how great my rebbe is.

    when you need miracles to support the greatness of your rebbe you aren’t a chosid.

    shmuly
    Guest
    shmuly

    I saw a video from Jem that had a similar responce. It may have been the same guy. The way I understood the Rebbe is that his shita was not to invest in stocks because it not healthy because of the stress. The only opening I see from the Rebbe’s words is if someone would invest a very small portion of their wealth so that it won’t real bother them if they loose it. Many people in those markets have heart attacts they are like a yo yo it goes up and down…

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